With data from the Social Security Trustees Report for selected years from 1950 and projected to 2030, the number of Social Security beneficiaries (in millions) can be modeled by B(t) = 0.00024t3 – 0.026t2 + 1.6t + 2.2 where t is the number of years past 1950. Use the model to find the average number of Social Security beneficiaries per year (actual and predicted) between the following years. (Round your answers to three decimal places.) (а) 1989 and 2003 X million per year (b) 2015 and 2022 x million per year

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
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With data from the Social Security Trustees Report for selected years from 1950 and projected to 2030, the number of Social Security beneficiaries (in millions) can be modeled by
B(t) = 0.00024t³ - 0.026t2 + 1.6t + 2.2
where t is the number of years past 1950. Use the model to find the average number of Social Security beneficiaries per year (actual and predicted) between the following years. (Round your
answers to three decimal places.)
(a)
1989 and 2003
x million per year
(b)
2015 and 2022
x million per year
Transcribed Image Text:With data from the Social Security Trustees Report for selected years from 1950 and projected to 2030, the number of Social Security beneficiaries (in millions) can be modeled by B(t) = 0.00024t³ - 0.026t2 + 1.6t + 2.2 where t is the number of years past 1950. Use the model to find the average number of Social Security beneficiaries per year (actual and predicted) between the following years. (Round your answers to three decimal places.) (a) 1989 and 2003 x million per year (b) 2015 and 2022 x million per year
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